Two Hat Named One of 2019 “Ready to Rocket” Growth Companies in British Columbia’s Technology Sectors
List Profiles B.C.’s Tech Companies Best-Positioned to Capitalize on Current Sector Trends
VANCOUVER, B.C. (March 20, 2019) – Rocket Builders announced its seventeenth (17th) annual “Ready to Rocket” lists naming leading automated content moderation company Two Hat as one of the “Ready to Rocket” companies in the Information and Communication Technology category. The list profiles British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers. Two Hat was highlighted for their leading Community Sift chat filter.
The annual 2019 “Ready to Rocket” lists provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year. Two Hat is listed among 85 companies across this year’s list of companies in the Information and Communication Technology category.
“We’ve experienced incredible growth over the last year, and we expect it to only get better in 2019,” said Chris Priebe, Two Hat CEO and founder. “We’ve been working with the biggest gaming companies in the world for several years now. But last year social platforms went through a major paradigm shift, which opened content moderation solutions like ours to break into new and emerging industries like edtech, fintech, travel and hospitality, and more.”
Two Hat is the creator of Community Sift, a powerful risk-based chat filter and content moderation software that protects online communities, brands, and bottom lines. Community Sift is the industry leader in high-risk content detection and moderation, protecting some of the biggest online games, virtual worlds, and social products on the internet. With the number of child pornography incidents in Canada on the rise, Two Hat collaborated with Canadian law enforcement and leading academic partners to train a groundbreaking new AI model, CEASE.ai, to detect and remove child sexual abuse material (CSAM) for investigators and social platforms.
“Over the 17 years of the program, the B.C. technology sector has steadily grown each year, and presents a growing challenge to select and identify the most likely to succeed for our Ready to Rocket lists,” said Geoffrey Hansen, Managing Partner at Rocket Builders.
“In recent years, a startup economy has blossomed yielding a rich field of companies for our consideration, with over 450 companies reviewed to make our selections of 203 winners. Our Emerging Rocket lists enables us to profile those earlier stage companies that are well positioned for investment.”
The average growth rate on the list was over 40 percent growth, 32 companies exceeding double-digit growth and six companies exceeding 100 percent growth.
Two Hat has been named a “Ready to Rocket” company for four consecutive years. This year’s award follows Two Hat’s recent acquisition of ImageVision, an image recognition and visual search company, and the launch of CEASE.ai.
About Two Hat
Founded in 2012, Two Hat is an AI-based technology company that empowers gaming and social platforms to grow and protect their online communities. With their flagship product Community Sift, an enterprise-level content filter and automated chat, image, and video moderation tool, online communities can proactively filter abuse, harassment, hate speech, adult content, and other disruptive behavior.
About Rocket Builders
Rocket Builders produces the “Ready to Rocket” list which profiles information technology companies with the greatest potential for revenue growth in the coming year. The lists are predictive of future success making them unique in approach and unique in value for our business audience. The “Ready to Rocket” lists are the only predictive lists of its kind in North America, requiring many months of sector and company analysis. The 2019 list features 85 “Ready to Rocket” technology growth companies and 118 “Emerging Rocket” early stage startups.
Mike Smith, 703.623.3834